CYG, page-6

Been to the last two AGMs as well and it is important to remember the decisions and the strategies in the business sectors that have gone significantly backwards in revenue (fastener business especially) were made by the now departed CEO Caughley - there is no one else to hold responsible.
The only part of the business performing well is the partially owned gasket business and that is purely due to past management contracts established prior to any of the current management.
I very much doubt the next 6 month report will show any positives and with the significant costs associated with the Redcliffe premises if it is not subleased there is a high potential of further profit degradation
Bulliss cant do any worse and IMO the only reason they have not been taken over is that the market sees little value potential to take over.
Have finally conceded and sold my holdings at a substantial loss - good luck to those who believe.........